Europe Coffee Market Size
The Europe coffee market is projected to escalate from US$ 46.14 billion in 2023 to an impressive US$ 64.43 billion by 2032, reflecting a CAGR of 3.78% over the forecast period. This remarkable growth trajectory is driven by increasing disposable incomes, evolving consumer lifestyles, and the deepening entrenchment of coffee culture among European consumers.
Europe Coffee Market Table of Content and Sample Download: https://www.renub.com/global-coffee-market-p.php
Europe Coffee Market Overview
Europe stands as the preeminent global market for green coffee, underscoring the beverage’s profound cultural and economic significance. Coffee, a staple brewed drink, is derived from roasted coffee beans—the seeds of berries from certain coffee species. These beans are harvested, processed, and dried as they transition from green to vibrant red, signaling ripeness. Small and medium-sized coffee roasters, alongside coffee shops, have been at the forefront of delivering high-quality coffee to the market.
Several factors fuel the growth of the European coffee market, including the rising demand for certified coffee products, the popularity of single-serve coffee brewing systems, and continuous innovations from leading industry players. Additionally, fluctuating weather conditions in coffee-producing regions significantly impact the supply chain of coffee imported into Europe.
According to the European Coffee Federation, Europe accounted for 31% of global coffee consumption in 2022, making it a substantial and attractive market. The European Union boasts the highest per capita coffee consumption globally, albeit with variations across countries. In Western Europe, coffee is deeply ingrained in daily routines, contributing to its popularity. The burgeoning number of new coffee shops, expanding coffee chain stores, and increasing household purchases of coffee machines further drive demand. Project Café Europe 2022 reports that the European coffee chain market grew by 3.2% in the previous year, reaching 40,675 outlets.
Growth Drivers in the Europe Coffee Market
Rising Demand for Premium and Specialty Coffee: European consumers are increasingly willing to invest in higher-quality coffee, propelling the premium and specialty coffee market. This shift mirrors a broader trend toward gourmet and artisanal food and beverage products. The rise in out-of-home consumption has significantly bolstered the premium coffee market. Coffee shops across Europe are introducing sophisticated, high-value varieties, thereby fueling market growth. The emphasis on the brewing process and crop origins has become crucial for specialty coffee producers. Notably, the industry’s focus on the provenance of coffee has garnered significant interest, with single-origin coffee gaining prominence even in major chains like Starbucks.
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Surge in Espresso Coffee Popularity: The increasing appeal of espresso coffee is attributed to its affordability, nutritional benefits, extended shelf life, and user-friendliness. The European espresso coffee market is expanding, driven by new entrants and competitive pricing. The blending of espresso with other beverages also contributes to market growth. The demand for espresso is rising in developing economies, particularly in office cafeterias, hotels, restaurants, and coffee shops. In 2022, Turkey’s Espressolab launched Europe’s largest coffee experience center, integrating coffee shop, roasting, workshop, and bakery operations.
Germany Coffee Market
Germany leads the European coffee market, followed by Italy and Belgium. The market presents specific opportunities for single-serve coffee, specialty coffee, certified coffee, and low or decaffeinated options, in addition to large-scale commercial coffee types. The preference for freshly brewed coffee is growing, driven by specialty coffee shops, office consumption, and home brewing trends. Consumers’ interest in home preparation of coffee from whole roasted beans often results in the production of fresh batches. Germany, the largest importer of coffee in Europe, also serves as the primary trade hub for green coffee, re-exporting 168,000 tonnes annually. In March 2022, Peet’s Coffee introduced a dairy-free, vegan coffee bar as part of its Spring Coffeebar collection, featuring flavors designed to complement oat and almond milk.
Leading Companies in the Europe Coffee Market
Key players in the European coffee market include JAB Holding Company, Nestlé SA, The Kraft Heinz Company, J.J. Darboven GmbH & Co. KG, Strauss Group Ltd, Melitta Group, Starbucks Corporation, Krüger GmbH & Co. KG, Luigi Lavazza SpA, and Maxingvest AG (Tchibo).
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Recent Developments in the Europe Coffee Market
May 2024: 365 Retail Markets launched PicoCoffee™, a compact, cashless payment device for tabletop coffee machines, allowing consumers to purchase beverages and market items in a single transaction.
May 2024: Europe welcomed its first EUDR-ready coffee, verified by the Rainforest Alliance and produced by High Range Coffee Curing in India, complying with the European Union Deforestation Regulation (EUDR).
October 2023: Ecotone, Europe’s leading producer of organic, plant-based, ethical, and sustainable food, opened the continent’s largest 100% organic coffee and loose-leaf tea factory.
December 2023: Roastery Coffee House became the first Indian coffee chain to establish an outlet in Europe.
Product Type – Europe Coffee Market is divided into 4 viewpoints
- Whole Bean
- Ground Coffee
- Instant Coffee
- Coffee Pods and Capsule
Distribution Channel – Europe Coffee Market is divided into 6 viewpoints
- On-Trade
- Off-Trade
- Supermarkets/Hypermarkets
- Convenience Stores
- Specialist Retailers
- Other Off-trade Channels
By Countries – Europe Coffee Market breakup in 7 viewpoints
- United Kingdom
- Germany
- France
- Russia
- Italy
- Spain
- Rest of Europe
All the Key players have been covered from 4 Viewpoints:
- Overview
- Recent Development & Strategies
- Product Portfolio & Product Launch in Last 1 Year
- Revenue
Company Analysis:
- JAB Holding Company
- Nestlé SA
- The Kraft Heinz Company
- J. Darboven GmbH & Co. KG
- Strauss Group Ltd
- Melitta Group
- Starbucks Corporation
- Krüger GmbH & Co. KG
- Luigi Lavazza SpA
- Maxingvest AG (Tchibo)
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